Common use of Purchase of the Shares Clause in Contracts

Purchase of the Shares. At the Closing and on the terms and subject to the conditions set forth in this Agreement, the Seller shall transfer and sell to the Purchaser the Shares in consideration of the Purchase Price, and the Purchaser shall purchase such Shares. The Purchaser shall make payment for such Shares by wire transfer of immediately available funds to bank accounts designated by the Seller at least 24 hours prior to the Closing.

Appears in 6 contracts

Samples: Purchase Agreement (Sharper Image Corp), Purchase Agreement (Sharper Image Corp), Purchase Agreement (Sharper Image Corp)

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Purchase of the Shares. At the Closing and on the terms and subject to the conditions set forth in this Agreement, the Seller Sellers shall transfer and sell to the Purchaser Purchasers the Shares in consideration of the Purchase Price, and the Purchaser Purchasers shall purchase such Shares. The Purchaser Purchasers shall make payment for such Shares by wire transfer of immediately available funds to bank accounts designated by the Seller Sellers at least 24 hours prior to the Closing.

Appears in 2 contracts

Samples: Purchase Agreement (Sharper Image Corp), Purchase Agreement (Knightspoint Partners II, L.P.)

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